Question

the revenue of a firm per unit sold is its​

Answer 1

Revenues equal the number of units that a firm sells times the price at which it sells each unit: revenues = price × quantity. For example, think about a music store selling CDs. Suppose that the firm sells 25,000 CDs in a month at $15 each.

Answer 2

The revenue of a firm per unit sold is its​ Unit price

Explanation:

• Revenues are calculated by the product of the price and the quantity.
• revenue/quantity = price, commonly known as the Average Revenue Concept.
• Marginal revenue is the net revenue generated by selling an extra unit of a company's product, whereas average revenue is the money generated per output unit.
• Thus, marginal revenue is calculated by dividing the change in revenue by the change in quantity.